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Southwest Gas Holdings Declares Fourth Quarter 2021 Dividend

Southwest Gas Holdings (NYSE: SWX) has declared a fourth-quarter cash dividend of $0.595 per share, payable on December 1, 2021, with a record date of November 15, 2021.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Southwest Gas Holdings (NYSE: SWX) has declared a fourth-quarter cash dividend of $0.595 per share, payable on December 1, 2021, with a record date of November 15, 2021. This dividend translates to an annualized amount of $2.38 per share. The company has maintained a consistent track record of quarterly dividends since becoming public in 1956. Southwest Gas provides natural gas services to over two million customers in Arizona, Nevada, and California, while also offering utility infrastructure services through its Centuri Group segment.

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Positive

  • Declared a fourth-quarter dividend of $0.595 per share.
  • Annualized dividend amounts to $2.38 per share, showcasing company stability and commitment to shareholders.
  • Consistent dividend payments since going public in 1956.

Negative

  • None.
Argus Session date unavailable
+0.30% session move Open Argus
Details

News Market Reaction – SWX

The recorded move for SWX in the trading session of this news was +0.30%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LAS VEGAS, Sept. 22, 2021 /PRNewswire/ -- The Board of Directors for Southwest Gas Holdings, Inc. (NYSE: SWX) has declared the following fourth quarter cash dividend:

Common Stock


Payable

December 1, 2021

Of Record

November 15, 2021

Dividend

$0.595 per share

The dividend equates to $2.38 per share on an annualized basis.  The Company has paid quarterly dividends continuously since going public in 1956.

Southwest Gas Holdings has two business segments:

Southwest Gas Corporation provides safe and reliable natural gas service to over two million customers in Arizona, Nevada, and California.

Centuri Group, Inc. is a comprehensive utility infrastructure services enterprise dedicated to delivering a diverse array of solutions to North America's gas and electric providers.  Centuri derives revenue primarily from installation, replacement, repair, and maintenance of energy distribution systems.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/southwest-gas-holdings-declares-fourth-quarter-2021-dividend-301383149.html

SOURCE Southwest Gas Holdings, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Southwest Gas Holdings for the fourth quarter of 2021?

The dividend amount declared is $0.595 per share.

When will the dividend for Southwest Gas Holdings be payable?

The dividend will be payable on December 1, 2021.

What is the record date for Southwest Gas Holdings' fourth-quarter dividend?

The record date is November 15, 2021.

How long has Southwest Gas Holdings been paying dividends?

Southwest Gas Holdings has paid quarterly dividends continuously since going public in 1956.

What is the annualized dividend per share for Southwest Gas Holdings?

The annualized dividend per share is $2.38.

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